By MarketsFarm
WINNIPEG, June 17 (MarketsFarm) – The Canadian dollar was steady on Wednesday.
The dollar finished the day at US$0.7377 or US$1=C$1.3555, compared to Tuesday when it closed at US$0.7376 or US$1=C$1.3558.
The Canadian government will present a fiscal and economic overview on July 8, detailing the ways in which the COVID-19 pandemic has impacted the country’s economy. Prime Minister Justin Trudeau said the country is moving from “an emergency to a recovery phase.”
The TSX Composite Index was down 87.14 points to close at 15,428.69.
Benchmark crude oil prices were slightly weaker on the day. West Texas Intermediate (WTI) was down 64 cents to close at US$37.74. Brent Crude was down 41 cents at US$40.55.
Canada’s agricultural sector fared as follows:
Buhler Industries up $ 0.02 at $ 2.55
Linamar Corp. dn $ 1.69 at $ 39.10
Maple Leaf Foods up $ 0.21 at $ 28.75
Nutrien Ltd. dn $ 0.29 at $ 49.78
Ritchie Bros Auctioneers Inc. dn $ 0.12 at $ 55.65
Rocky Mountain Dealerships Inc. up $ 0.01 at $ 4.78
(All figures are in Canadian dollars.)
